|Contents||Further to our announcement dated 21 February 2008, the Board of Directors of NV Multi Corporation Berhad (“NV Multi”) wishes to announce that NV Multi Resources Sdn. Bhd. (NVRes), a wholly-owned subsidiary of NV Multi, has on 22 May 2008 entered into a Supplemental Agreement (“SA”) with Mr. Khau Kim Bac to amend the Joint-Venture Agreement dated 21 February 2008 (“JVA”) whereby the acquisition of land contemplated in the JVA has been changed to lease for seventy (70) years commencing from 1 April 2008 at a monthly rental of USD1,000|
None of the Directors' and/or substantial shareholders of NV Multi or persons connected with them has any interest whether, direct or indirect, in the said subscription.
This announcement is dated 22 May 2008